US Dollar under Pressure, but Key Factor Could Finally Bring Relief
- US Dollar under pressure, relief not seen until key cyclical turn window
- Extremely low forex and S&P 500 volatility prices warn of Dollar weakness
- S&P futures have yet to eclipse the record high set this month – was that the top?
The US Dollar remains under pressure as extremely low forex and stock market volatility hurts demand. What suggests the coming week brings relief?
Read more on the critical turn cycle for the Dow Jones FXCM Dollar Index heading into next week.
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com David specializes in automated trading strategies. Find out more about our automated sentiment-based strategies on DailyFX PLUS.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.